Light detection and ranging (LiDAR) market size is projected to reach USD 8.51 billion by 2028, recording a CAGR of 25.30%

 

Light Detection and Ranging (LiDAR) Market was valued at USD 1.40 billion in 2021 and is expected to reach USD 8.51 billion by 2029, registering a CAGR of 25.30% during the forecast period of 2022-2029. Laser Scanners accounts for the largest component segment in the respective market owing to the increase in the aerial scanning and mapping operations.

A meticulous study of the competitive landscape of the market has been given in the Light detection and ranging (LiDAR) Market survey document along with the insights of the companies, financial status, trending developments, mergers, acquisitions and SWOT analysis. This market research will give a clear and specific idea to the readers about the overall market to take valuable decisions. The document focuses on the leading global industry players providing information such as company profiles, specifications, capacity, cost, revenue and contact information. An influential Data bridge market research report also offers comprehensive statistics on important aspects such as growth drivers, challenges and industry prospects.






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